Eagle Worldwide Inc.(fka ELWD)

[nuketheshorts]

The company must have some reason to be in the us market. Maybe, eventually, they plan to raise capital here.

As to being on the pinks, this may be the only market open to them due to financial filing restrictions put in place by Panama's laws.

The big problem with the us markets seems to be heavy shorting which is driving the price down to foolish lows. But this is easily fixed when a company has the revenues and the cash that Panamersa claims.

It's only a question of time until they show us how they plan to fix the situation. At that point I'd expect to see a drastic reduction in outstanding shares quickly followed up with some kind of dividend or distribution that nails any shorters to the wall.